Jay Bookman of the Atlanta Journal-Constitution has a brainwave - Tax cut woos Greediest Generation:
The president's proposed $726 billion tax cut is not an economic policy. It is a crass appeal to greed, pitched to a nation conditioned to believe that greed is not a vice but a downright virtue.I wonder it says on ole Jay's W2 form? But, Jay 'splains it all:
And that's just the beginning of the deceptions and distortions being used to sell this policy.
The money that the tax cut would allegedly "return" to the taxpayer never came from the taxpayer in the first place.
Every penny that taxpayers send to the federal government is spent by the federal government.Don't hold your breath waiting for Jay to suggest reduced spending.
So how is it possible to "return" what has already been spent? The same dollar cannot be spent twice. The myth of "return" is a fiction, a cover story, concocted to soothe what little conscience we have left about such matters.
While the Nobel Economics Prize committee has your number, Jay, I wouldn't hang out by the phone.